Archived News

21/02/2014 (Daily Express) - The oil palm industry in Sabah does not face any serious problem in selling its Crude Palm Oil (CPO) from mills in the State unlike Sarawak which is expected to lose about RM400 million a year from next year.

21/02/2014 (Business Standard) - Cottonseed and palmolein oil prices drifted by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on slackened demand amid a weak global trend.

20/02/2014 (Reuters) - Malaysian palm oil futures rose on Wednesday, stretching gains into a sixth day, as stronger export demand and concerns of dry weather curbing output buoyed prices to their highest level since September 2012.

20/02/2014 (Reuters) - Commodity giant Wilmar International is using its buying clout to push suppliers to be greener, or else, setting up a battle with growers and governments that have profited from their environmentally damaging practices.

20/02/2014 (CosmeticsDesign-Europe.com) - BASF has become one of the first suppliers to the European cosmetics and personal care industry to offer its range of ingredients based on certified sustainable palm (kernel) oil, in accordance with the principles and criteria of the Roundtable on Sustainable Palm Oil (RSPO).

20/02/2014 (Bernama) - Kuala Lumpur Kepong Bhd's (KLK) share prices fell in early trade today on an overbought correction after posting favourable first quarter (Q1) results.

20/02/2014 (Proactive Investors USA & Canada) - DekelOil (LON:DKL) has moved a step closer to becoming a major West African palm oil company with the start of commercial production from the crude palm oil (CPO) extraction mill in the Ivory Coast.

20/02/2014 (Bernama) - Coordinating Minister for Economic Affairs Hatta Radjasa said the Indonesian government is currently considering to set up three new special economic zones.

20/02/2014 (Bernama) - The credit profiles of crude palm oil (CPO) companies are likely to remain resilient against lower CPO prices, says Fitch Ratings in its report, 'Asian Crude Palm Oil - Credit Profiles Stable Despite Lower Prices and Operating Profit'.

20/02/2014 (The Star) - Shares in plantation companies, led by IOI Corp Bhd, surged to their highest in weeks on rising crude palm oil (CPO) futures prices.

20/02/2014 (Business Recorder) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

20/02/2014 (Business Standard) - The edible oils witnessed a mixed trend at the oils and oilseeds wholesale market here today, as prices of groundnut oil dropped due to reduced stockists offtake as well as lower domestic demand.